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Image header Agence Europe
Europe Daily Bulletin No. 12538
Contents Publication in full By article 23 / 26
NEWS BRIEFS / Greece

Further extension of post-programme Enhanced Surveillance framework

29/07/2020 (Agence Europe)On Wednesday (29 July), the European Commission adopted a decision to extend the Enhanced Surveillance framework for Greece's public finances by six months, a measure that was put in place after Greece finalised its third financial rescue package in mid-2018. Regarded as “a normal and expected procedural step” as provided for in the Stability and Growth Pact (Regulation 472/2013) and an action upon which Greece was consulted, this decision authorises the European institution to assist the Greek authorities in implementing their reform programme. The next enhanced surveillance report is expected to be published in September. (MF)

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